Nearly one year ago the homestead exemption in Ohio increased to $132,900 per titled owner of the residential real estate. This was an increase from the $20,200 previously in effect. The exemption is that portion of your home’s equity you can keep from claims of creditors in bankruptcy. Bankruptcy attorneys throughout the state braced for […]

Much has happened on the Ohio Homestead Exemption front since I last wrote about it. In the last article I reported that it was increasing to $125,000 effective March 27, 2013. It did that. But can you believe it went up again five days later? For a quick review an exemption is that portion of […]

You finally decide to file bankruptcy. I do not expect you to be a lawyer, or to even know the law. There are two things you should never ever do financially, especially in the lead up to bankruptcy. Each basically involves debt consolidation instead of bankruptcy. When should you do them? NEVER! The things you […]